Stricken Royal Mail ‘fighting for its life’: Bosses issue stark warning as postal workers prepare to stage yet more strikes By Calum Muirhead For The Daily Mail Published: 16:50 EST, 22 December 2022 | Updated: 17:01 EST, 22 December 2022 Royal Mail bosses have warned that it is in a …
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Secretive investor known as the ‘Czech Sphinx’ raises his stake in Royal Mail parent company to 23.2% By Calum Muirhead For The Daily Mail Published: 16:50 EST, 21 December 2022 | Updated: 16:50 EST, 21 December 2022 An investor known as the Czech Sphinx has upped his stake in the …
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Christmas is peak business time for many small, independent retailers, but a mountain of challenges means it is becoming nigh-on impossible for them to take full advantage. Postal and rail strikes, rising energy costs, a squeeze on consumer spending, supply chain issues and the war on Ukraine have created a …
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MARKET REPORT: New blow to Royal Mail as postal workers prepare for another wave of strikes sending shares crashing 3.9% By John Abiona For The Daily Mail Published: 16:57 EST, 12 December 2022 | Updated: 16:57 EST, 12 December 2022 Shares in the owner of Royal Mail fell again as …
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Moonpig shares plunge after greeting cards group slashes revenue guidance as Royal Mail strikes hamper deliveries Moonpig now expects to post around £320m in revenue this financial year Further strikes by Royal Mail employees are expected on six days in December Hargreaves Lansdown analyst: ‘Ultimately, the market is nervous about …
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Royal Mail facing Xmas axe by firms: Retailers rush to ensure key festive sales period not scuppered by strike action By Daily Mail City & Finance Reporter Published: 16:50 EST, 4 December 2022 | Updated: 17:06 EST, 4 December 2022 Royal Mail could see multiple firms stop using its parcel …
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Thousands of post offices could disappear in the next two to three years as shops whose premises they share quit the high street as victims of a faltering economy. Experts fear that up to 6,000 branches are vulnerable, meaning the 11,500-strong service could halve. The ailing network receives £50million a …
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Royal Mail hints it is to hive off its profit-making international arm after strikes take their toll By John-Paul Ford Rojas For The Daily Mail Published: 17:21 EST, 17 November 2022 | Updated: 17:21 EST, 17 November 2022 Royal Mail has given its clearest indication that it could split from …
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International Distributions Services swung to a first-half operating loss of £57million as strike disruption, rising costs and lower delivery volumes took their toll. At the same point a year ago Royal Mail’s parent company posted an operating profit of £404million. The former British postal monopoly, which recently changed the name …
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RUTH SUNDERLAND: Danger of a hair shirt Budget – taxing aspiration is a tax on human nature Two enormous challenges lie in wait for Jeremy Hunt and Rishi Sunak in Budget The first is restoring credibility to the public finances The second, and even more important challenge, is to ignite …
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